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	<title>Wall Street Folly &#187; Wilbur Ross</title>
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		<title>Forbes billionaires list: The hedge funders and private equity guys</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/03/forbes-billionaires-list-the-hedge-funders-and-private-equity-guys/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/03/forbes-billionaires-list-the-hedge-funders-and-private-equity-guys/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 15:11:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Citadel]]></category>
		<category><![CDATA[George Soros]]></category>
		<category><![CDATA[Hedge funds]]></category>
		<category><![CDATA[Stephen Schwarzman]]></category>
		<category><![CDATA[Steven A. Cohen]]></category>
		<category><![CDATA[T Boone Pickens]]></category>
		<category><![CDATA[Ted Forstmann]]></category>
		<category><![CDATA[Wilbur Ross]]></category>
		<category><![CDATA[Allen Stanford]]></category>
		<category><![CDATA[Avenue Investments]]></category>
		<category><![CDATA[Bruce Kovner]]></category>
		<category><![CDATA[Carl Icahn]]></category>
		<category><![CDATA[DE Shaw]]></category>
		<category><![CDATA[Eddie Lampert]]></category>
		<category><![CDATA[Harbinger]]></category>
		<category><![CDATA[Henry Kravis]]></category>
		<category><![CDATA[Highbridge]]></category>
		<category><![CDATA[Jim Simons]]></category>
		<category><![CDATA[Leon Black]]></category>
		<category><![CDATA[Private equity]]></category>
		<category><![CDATA[SAC Capital]]></category>
		<category><![CDATA[Sam Zell]]></category>

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		<description><![CDATA[FINalternatives has culled through the Forbes list for all of the alternative investment guys who are represented.&#0160; Notably missing: Allen Stanford.&#0160; Here&#39;s the list:


Alternative Investment Billionairesrank&#0160;&#0160; &#0160;billionaire&#0160;&#0160; &#0160;alternatives firm&#0160;&#0160; &#0160;net worth (billions)29&#0160;&#0160; &#0160;George Soros&#0160;&#0160; &#0160;Soros Fund Management&#0160;&#0160; &#0160;$1143&#0160;&#0160; &#0160;Carl Icahn&#0160;&#0160; &#0160;Icahn Associates&#0160;&#0160; &#0160;$955&#0160;&#0160; &#0160;James Simons&#0160;&#0160; &#0160;Renaissance Technologies&#0160;&#0160; &#0160;$876&#0160;&#0160; &#0160;John Paulson&#0160;&#0160; &#0160;Paulson &#38; Co.&#0160;&#0160; &#0160;$687&#0160;&#0160; &#0160;Steven [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2009/03/forbes-billionaires-list-the-hedge-funders-and-private-equity-guys/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wilbur Ross is no fan of mark-to-market</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/09/wilbur-ross-is-no-fan-of-mark-to-market/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/09/wilbur-ross-is-no-fan-of-mark-to-market/#comments</comments>
		<pubDate>Tue, 23 Sep 2008 16:08:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Subprime mortgages]]></category>
		<category><![CDATA[Wilbur Ross]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/09/wilbur-ross-is-no-fan-of-mark-to-market/</guid>
		<description><![CDATA[

&#34;I
think it was a huge mistake &#8212; both the general concept of it and more
specifically the way that it was implemented,&#34; Ross said at the Reuters
Restructuring Summit in New York on Monday.&#160;
He said the main problems with the rules, were that accounting treatments for
the exact same security can be different for different companies, based on
whether [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/09/wilbur-ross-is-no-fan-of-mark-to-market/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wilbur Ross gonna buy Ambac?</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/01/wilbur-ross-gonna-buy-ambac/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/01/wilbur-ross-gonna-buy-ambac/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 02:28:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Wilbur Ross]]></category>
		<category><![CDATA[Bond Insurers]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/01/wilbur-ross-gonna-buy-ambac/</guid>
		<description><![CDATA[ 
Wilbur Ross is said to be in takeover talks with Ambac according to The Evening Standard&#8230;.


Insiders said the negotiations are serious
and progressing well. News of the talks came after last night&#8217;s dramatic
intervention by US regulators to rescue the stricken bond insurance market.
Ross declined to comment on specific potential deals but said he was keen [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/01/wilbur-ross-gonna-buy-ambac/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wilbur Ross betting that the mortgage market will come back to life</title>
		<link>http://files.wallstreetfolly.com/wordpress/2007/10/wilbur-ross-betting-that-the-mortgage-market-will-come-back-to-life/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2007/10/wilbur-ross-betting-that-the-mortgage-market-will-come-back-to-life/#comments</comments>
		<pubDate>Mon, 15 Oct 2007 15:53:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Subprime mortgages]]></category>
		<category><![CDATA[Wilbur Ross]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2007/10/wilbur-ross-betting-that-the-mortgage-market-will-come-back-to-life/</guid>
		<description><![CDATA[The big ugly mortgage monster isn&#8217;t dead: Wilbur Ross continues to&#160; think there are opportunities in mortgages and he&#8217;s putting his money where his mouth is. According to Bloomberg:

&#8220;We&#8217;re looking at everything that&#8217;s in
trouble,&#8221; said Ross, founder of New York-based WL Ross &#38; Co., in an
interview.
He won an Oct. 5 auction for the home-loan
servicing unit [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2007/10/wilbur-ross-betting-that-the-mortgage-market-will-come-back-to-life/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interview: Wilbur Ross likes subprime; Money-market funds may also hold subprime; Dutch bank NIBC hit by subprime &amp; postpones IPO</title>
		<link>http://files.wallstreetfolly.com/wordpress/2007/08/interview-wilbur-ross-likes-subprime-money-market-funds-may-also-hold-subprime-dutch-bank-nibc-hit-by-subprime-postpones-ipo/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2007/08/interview-wilbur-ross-likes-subprime-money-market-funds-may-also-hold-subprime-dutch-bank-nibc-hit-by-subprime-postpones-ipo/#comments</comments>
		<pubDate>Thu, 09 Aug 2007 18:33:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Subprime mortgages]]></category>
		<category><![CDATA[Wilbur Ross]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2007/08/interview-wilbur-ross-likes-subprime-money-market-funds-may-also-hold-subprime-dutch-bank-nibc-hit-by-subprime-postpones-ipo/</guid>
		<description><![CDATA[
Why Wilbur Ross Likes Subprime
- BusinessWeek&#160; 
It seemed an obvious match: distressed-company investor Wilbur Ross Jr. and the imploding subprime mortgage lenders. In what well could be the first of many moves, Ross&#8217; private equity firm, W.L. Ross &#38; Co., agreed Aug. 6 to put $50 million into American Home Mortgage Investment during its bankruptcy [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2007/08/interview-wilbur-ross-likes-subprime-money-market-funds-may-also-hold-subprime-dutch-bank-nibc-hit-by-subprime-postpones-ipo/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Criticism increasing in UK over additional tax benefit to private equity partners; Newest generation of insider traders are Wall Street pros; Wilbur Ross is concerned about CLOs</title>
		<link>http://files.wallstreetfolly.com/wordpress/2007/06/criticism-increasing-in-uk-over-additional-tax-benefit-to-private-equity-partners-newest-generation-of-insider-traders-are-wall-street-pros-wilbur-ross-is-concerned-about-clos/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2007/06/criticism-increasing-in-uk-over-additional-tax-benefit-to-private-equity-partners-newest-generation-of-insider-traders-are-wall-street-pros-wilbur-ross-is-concerned-about-clos/#comments</comments>
		<pubDate>Wed, 20 Jun 2007 18:28:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Wilbur Ross]]></category>
		<category><![CDATA[Insider Trading]]></category>
		<category><![CDATA[Private equity]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2007/06/criticism-increasing-in-uk-over-additional-tax-benefit-to-private-equity-partners-newest-generation-of-insider-traders-are-wall-street-pros-wilbur-ross-is-concerned-about-clos/</guid>
		<description><![CDATA[
Extra tax break for buy-out partners
Private-Equity Executives May Bend To Critics in U.K. Hearing
Insider Trading Makes Comeback in Options 20 Years After Boesky
Wilbur Ross offers concerns about CLOs



Extra tax break for buy-out partners
- Financial Times

Private equity partners pay almost no tax on the large share of profits they receive from investments, thanks to a little-known [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2007/06/criticism-increasing-in-uk-over-additional-tax-benefit-to-private-equity-partners-newest-generation-of-insider-traders-are-wall-street-pros-wilbur-ross-is-concerned-about-clos/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;The wrong kind of people&#8221;: Wilbur Ross takes aim at the LSE&#8217;s AIM</title>
		<link>http://files.wallstreetfolly.com/wordpress/2007/04/the-wrong-kind-of-people-wilbur-ross-takes-aim-at-the-lses-aim/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2007/04/the-wrong-kind-of-people-wilbur-ross-takes-aim-at-the-lses-aim/#comments</comments>
		<pubDate>Fri, 20 Apr 2007 13:55:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Wilbur Ross]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2007/04/the-wrong-kind-of-people-wilbur-ross-takes-aim-at-the-lses-aim/</guid>
		<description><![CDATA[ 
Are there dangers lurking in the bowels of the London Stock Exchange?&#160; Wilbur Ross thinks that their market for lesser quality stocks in their AIM (&#34;Alternative Investment Market&#34;) is an accident waiting to happen.&#160; And the Brits aren&#8217;t very happy with his comments: 
In an interview with the Financial Times, Mr Ross also said [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2007/04/the-wrong-kind-of-people-wilbur-ross-takes-aim-at-the-lses-aim/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wilbur Ross&#8217; crystal ball shows sharply higher bankruptcy rate next year</title>
		<link>http://files.wallstreetfolly.com/wordpress/2006/11/wilbur-ross-crystal-ball-shows-sharply-higher-bankruptcy-rate-next-year/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2006/11/wilbur-ross-crystal-ball-shows-sharply-higher-bankruptcy-rate-next-year/#comments</comments>
		<pubDate>Thu, 30 Nov 2006 14:25:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Wilbur Ross]]></category>
		<category><![CDATA[Distressed]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2006/11/wilbur-ross-crystal-ball-shows-sharply-higher-bankruptcy-rate-next-year/</guid>
		<description><![CDATA[Next year could be a good one for vulture investors if Wilbur Ross is right.&#160; He&#8217;s predicting a surge of bankruptcies next year:
Ross, dubbed the &#8216;King of Bankruptcy&#8217; by Fortune magazine in 1998, said at a conference in London on Wednesday that defaults would rise to about 7 percent of all companies by the end [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2006/11/wilbur-ross-crystal-ball-shows-sharply-higher-bankruptcy-rate-next-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Distressed sector answer to club deals: Wilbur Ross gets in bed with Goldman</title>
		<link>http://files.wallstreetfolly.com/wordpress/2006/11/distressed-sector-answer-to-club-deals-wilbur-ross-gets-in-bed-with-goldman/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2006/11/distressed-sector-answer-to-club-deals-wilbur-ross-gets-in-bed-with-goldman/#comments</comments>
		<pubDate>Fri, 10 Nov 2006 13:42:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Wilbur Ross]]></category>
		<category><![CDATA[Distressed]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2006/11/distressed-sector-answer-to-club-deals-wilbur-ross-gets-in-bed-with-goldman/</guid>
		<description><![CDATA[Wilbur Ross is gearing up for the widely expected new default cycle.&#160; He now has $685 million more fire power behind him to invest in larger distressed companies thanks to Goldman Sachs.&#160; Rather than invest directly in WL Ross funds, the Goldman Sachs WLR Opportunities Fund LP. will invest alongside him:
Ross anticipates better opportunities for [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wilber Ross merging his majority owned auto and textile units</title>
		<link>http://files.wallstreetfolly.com/wordpress/2006/08/wilber-ross-merging-his-majority-owned-auto-and-textile-units/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2006/08/wilber-ross-merging-his-majority-owned-auto-and-textile-units/#comments</comments>
		<pubDate>Wed, 30 Aug 2006 17:09:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Wilbur Ross]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2006/08/wilber-ross-merging-his-majority-owned-auto-and-textile-units/</guid>
		<description><![CDATA[Citing synnergies, Wilbur Ross is merging two companies in which he has majority ownership:&#160; International Textile Group and Safety Components International.&#160; The  company will be headquartered in Greensboro, NC;&#160; WL Ross &#38; Co will own approximately 82% of the combined entity which will have annual revenues of around $1 billion&#8230;..

The deal will allow Ross&#8217;s [...]]]></description>
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		<slash:comments>0</slash:comments>
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